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Loan to tkoed has been paid off.
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S1 showing in stock on the web site.
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BTW, what's the deal with the bitmain web site being down?
up for me Just came back up for me too |
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The fair value is probably about 0.035 per blade. That is close to +ROI with low electricity costs, or pretty decent ROI with free electricity.
I'm not even sure I have a blade to sell, so I'm just expressing a mostly unbiased opinion here.
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Ditto. I payed in full but didn't recieve a confirmation email. BTC is gone from the address I sent to.
Whenever I have ordered from them I got one confirmation email (with payment instructions), but no further email confirmation after sending payment. You can check on the web site to make sure your order is marked as paid, but the web site seems to be down right now. |
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I have one somewhere, but I need to find it and make sure it works. (I had one bad blade and I think this is not the bad one, though I'm not positive.)
Where are you located?
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What would be a good fan replacement for the S2 that would reduce the sound significantly? The S2 has been great, but the noise is quite loud.
No such thing. "Quiet" fans just move less air, for situations when you don't need that much cooling. That does not apply to a 1 KW miner in a relatively small box. You can reduce the sound a little or change the frequency of the sound with different fans, but probably not worth the cost. You could try opening the box and running it with a large room fan blowing on it instead of the case fans. Some chance that will work, but YMMV. I was able to do that with a bunch of ASICMiner blades back in the day. It was still somewhat loud. BTW, what's the deal with the bitmain web site being down? Back up now. |
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What collateral is needed? Physical Property? I have four brand new Sapphire r9 270x? AMD 8 Core Black Edition CPU plus 2 x 8gb blue Corsair vengeance.....
Physical property can work if the lender is your country (likely too much trouble otherwise) and if it is something that is inexpensive to ship. Memory modules are good that way, probably better than CPUs because they are easier to test before accepting them as collateral. Other physical property that has high value relative to size and weight are things like gold colns. Other than that it is going to be virtual assets of some kind (currency, domain names, GHS, crypto stocks, etc.). I've seen things like steam accounts used, although I personally don't deal with accounts. |
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Selling one AntMiner S1. This is a December batch with built in PCI-E connectors. It has been mining for three months with no problems, never overclocked. Works perfectly.
US only.
Shipping is NOT included in your auction price. Please do not bid with shipping included or your bid will not be accepted. Shipping will be added to the winning price, with your choice of shipping method, assuming it requires a signature. Too many people have too many different opinions about how they want things sent to include shipping.
I don't have a picture, but I may add one to the thread tomorrow. It looks like an S1.
Auction will end 48 hours after this post or 5 minutes after the last high bid, whichever comes later.
Bid away.
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The problem is that domains aren't very easy to sell. Collateral needs to be liquid and easy to transfer.
I don't rule out accepting domains as collateral but only for a small fraction of their apparent "value" (because as you say they are hard to sell). With $1000 worth of domain names that doesn't make for much of a loan.... |
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Next week I will start my own fork of Bytecoin - another coin based on CryptoNote technology. It will be started from scratch (from block zero). I will write an anouncement today ot [ANN] subforum. Emission schedule will be more flat and block target will be reduced to 60 sec.
I mostly laugh at all the me-too copy-and-paste altcoins forksclones, but in this case I think you have a point. If it can deliver on its promises this is the most innovative development since bitcoin. Bitcoin has a four year reward halving schedule, and by the first halving, the bitcoin economy was at least somewhat fairly developed. This one seems to be more like one year for halving, and maybe there is development in the dark web somewhere, but unless we can see some evidence of it or people buying 100m coins to arbitrage between the dark web and the light web (which would be evidence of it) turns out to be real, then we have a situation that looks a lot like a premine (perhaps unintentional). I can see an argument for shortening the schedule relative to bitcoin, but going to one year is probably taking it too far. BTW, it is simple to slow down the schedule, just increase the denominator in the reward formula. If you speed up the blocks to a minute, which I'm not sure is necessarily a good idea, then you need to double the denominator to keep the schedule the same. I would contribute this effort if I'm impressed with the team and vision. PM me when you have more in place. I would caution on forking if the original developers don't approve though. If they are silent, well, I guess there is no reason not to do it.EDIT: It seems they are actively inviting it: https://forum.cryptonote.org/viewtopic.php?f=6&t=6#p8 I'm in. |
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Now it's been nearly 4 days since a block was found. When that block is found, assuming I continue on without interruption and I find about 6 shares a day, I'll get 18 shares worth of payment from that block, and from every block found until my rate of found shares goes down.
Mostly correct. Not necessarily exactly 18 shares worth. If that's your average then it might be a little higher or lower than that. Also, remember, its only valid shares that count. Invalid shares don't exist except on a stats page. |
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He messaged me as well. Perhaps he knows of a marketplace where bcn is traded at a much higher price and thinks he can arbitrage.
I'll believe it when he actually pays 25 BTC (or similar), or even just demonstrates that he has it. As of now it is just a brand new account with zero post count. Anyone can create a new account and claim to have 25 BTC. That said, the comment on the web site about "services and stores" is intriguing. If there actually are services and stores there might be such a marketplace. We'll see. |
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I found that they have changed music on https://bytecoin.org/. Now there's something popular  i received the message from a man who wants to buy all my BCN
he asked me to add a buy order for 100,000,000 BCN to spreadsheet. looks strange.
from the user godimtired? got the same message and pointed him to the spreadsheet yes, him He asked me too. Oddly perhaps, he did NOT ask me. ? |
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Not this type of giveaways... Anyway, I think there is no more coins left (I applied and received nothing :/) Specifically, you are not allowed to give people any incentive to post insubstantial posts in your threads. You can't offer to pay people who post their addresses, usernames, etc. You can do giveaways off-site and link to the giveaway page in a thread, but you can't give people any bonus for replying to your thread. Oh I see. It's just that all the people replying to the thread are doing it wrong. It seems the letter of the giveaway ban is being followed although the intent is a bit of a fail. |
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Example 3: Miner finds 4 invalid shares (orphans) per day. Pool finds a block every 24 hours.
Here the miner's shares are beat getting into the share chain - at least that is what I assume orphaned means, if my understanding is wrong, then please define orphaned and dead shares as they relate to p2pool. My understanding here is that the miner would not be paid out anything because all of the shares submitted are invalid. Is this correct?
You can simplify your thinking on this significantly. Orphan shares are virtually the same as not having found the share in the first place. What matters is your rate of finding valid shares (compared to the pool's rate of valid shares). The only way in which orphan shares might be different from never finding the share at all is that they could actually find a bitcoin block, but that is so rare they can be ignored. Your earnings are determined by your rate (and, in the short term, timing) of your VALID shares, plus the blocks found by the pool. That's all that matters. |
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Having written that, I'm wondering how the payouts are affected by long droughts between block finds, and hope someone can clarify things for me.
I'm really, really lazy when it comes to forum posts so I have to confess TLDR. But let me say this, when we have droughts, nobody gets paid. End of story. Doesn't matter if you are a large miner, a small miner, or in between, you get nothing. Obviously that is not good for variance. Small miners who don't always have shares active on the (3 day) chain will have it a bit worse in relative terms (though much less bad in absolute terms, imagine having an electric bill of $1000/day and no blocks to show for it), but its bad for everyone. |
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Sharing the alert: Get 0.9.1 immediately if you are using 0.9.0!! See the alert on the top: News: ♦♦ A bug in OpenSSL, used by Bitcoin-Qt/Bitcoin Core, could allow your bitcoins to be stolen. Immediately updating Bitcoin Core to 0.9.1 is required in some cases, especially if you're using 0.9.0. !!!!! https://bitcoin.org/bin/0.9.1/M Does p2pool itself use openssl? |
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